Nokia, VNPT team up to deploy first 10G broadband in Vietnam
Nokia and VNPT will conduct the first deployment of 10G fiber broadband in Vietnam, providing connections to 10,000 homes and businesses in the eight biggest localities of the Southeast Asian nation, the Finnish tech giant announced on Tuesday.
Nokia headquarters in Espoo, Findland. Photo courtesy of Nokia.
The Finnish firm will provide fiber access nodes for the operator’s exchanges and fiber modems for end users. With the new technology, VNPT will offer customers a full choice of internet speed of up to 10 Gbits per second on the existing platform without having to install new fiber.
The project is VNPT’s first step towards high-class fiber-to-the-x (FTTx) services, which fulfill residential and business customers’ demand for higher bandwidth and service quality using the latest generation of 10 Gigabit Symmetrical Passive Optical Network (XGS-PON), said Dang Anh Son, CEO at VNPT Net Corporation.
“VNPT will work with Nokia to deploy cloud-based network management systems for the XGS-PON and enhance customer experiences through digital transformation solutions,” he added.
The state-owned telecom group VNPT reported an after-tax profit of VND6.63 trillion ($280 million) in 2022, exceeding its annual target by 4.6%. The telco's total revenue reached VND55.21 trillion ($2.34 billion), up 2% year-on-year and fullfilling 97.5% of the year's goal. VNPT's broadband service revenue maintained a growth rate of 6% in 2022.
Nokia is a long-term partner of telcos in Vietnam. In August 2022, VNPT and Nokia signed an agreement to promote private wireless (LTE/5G) deployment and solutions for smart ports and airports.
In September 2019, Nokia and Viettel, the biggest telecommunications business in Vietnam, broadcast the first end-to-end 5G network in Ho Chi Minh City. The launch positions Vietnam head-to-head with other countries in the region looking for an early commercial 5G rollout.
In February 2023, Nokia announced the completion of Vietnam’s first Dense Wavelength Division Multiplexing (DWDN) network with Viettel, a move that will “dramatically” increase capacity for the operator. This new Data Center Interconnect solution will enable Viettel to meet future requirements for low-latency, high-capacity, robust network for 5G, Cloud, and growing consumer demand for online video and internet usage, Nokia said.
Also in February, at the Mobile World Congress (MWC) 2023 in Barcelona, Spain, Nokia and Vietnamese telecom giant MobiFone signed a cooperation deal. Nokia will assist MobiFone with 5G technology and the export of infrastructure into the cloud, fix-wireless access service on its 5G platform, and commercialization of the latter’s 5G network.
Vietnam had 21.86 million fixed broadband subscribers as of the end of April, equivalent to 22 subscribers per 100 citizens, up 8.76% year-on-year, according to the Ministry of Information and Communications. The ratio of households using optical-fiber cable for internet connection was 76.68%, up by 6.68 percentage points year-on-year.
The country’s information-communications technology sector reaped a revenue of VND1,139.3 trillion ($48.49 billion) in the January-April period, the ministry added. The April figure was VND313.48 trillion ($13.34 billion), down 1% year-on-year.
- Read More
Vietnam mulls opening door for private investment in small modular reactors
Vietnam’s Ministry of Industry and Trade has drafted a parliamentary resolution that, for the first time, would allow private companies to participate in the development of small modular nuclear reactors (SMRs).
Energy - Fri, October 17, 2025 | 4:37 pm GMT+7
Kido seeks buyer for remaining 49% stake in frozen food affiliate
Kido Group (HoSE: KDC), a leading food company in Vietnam, has approved a plan to divest the firm's remaining 49% stake in its affiliate Kido Frozen Food JSC (Kido Foods).
Companies - Fri, October 17, 2025 | 4:25 pm GMT+7
Le Ngoc Quang appointed Danang city's Party chief
Le Ngoc Quang, a Party Central Committee member and Party chief of Quang Tri province, has been appointed Party chief of Danang for the 2025-2030 term - the highest position in the city, central Vietnam's economic hub.
Politics - Fri, October 17, 2025 | 4:17 pm GMT+7
T&T Group seeks to reshape north-central Vietnam’s urban landscape with major projects
Multi-sector conglomerate T&T Group is developing a model eco-urban complex in Ha Tinh province and plans to build a massive 236-hectare urban area in neighboring Nghe An, with an aim to reshape north-central Vietnam's urban landscape.
Investing - Fri, October 17, 2025 | 2:44 pm GMT+7
Toyota plans $359 mln plant expansion in northern Vietnam
Toyota Motor Vietnam (TMV) plans to invest about VND9.46 trillion ($359.2 million) in the first phase of its plant expansion project in Phu Tho province.
Investing - Fri, October 17, 2025 | 2:09 pm GMT+7
PVI Insurance sees 9-month profit before tax more than doubling
PVI Insurance has reaffirmed its position as the No. 1 non-life insurer in Vietnam, with total revenue increasing nearly 1.4 times in the first nine months of 2025 and pre-tax profit more than doubling year-on-year - surpassing its full-year targets for both revenue and profit.
Companies - Fri, October 17, 2025 | 9:08 am GMT+7
Vingroup to develop 4,600ha coastal urban project in northern Vietnam
A consortium of Vingroup (HoSE: VIC) and its real estate arm Vinhomes (HoSE: VHM) will develop a 4,600-hectare coastal urban complex in Ha An ward, Quang Ninh province, following local authorities’ approval of a zoning plan.
Real Estate - Fri, October 17, 2025 | 8:30 am GMT+7
Indonesia resumes int’l carbon trading after 4-year hiatus
Indonesian President Prabowo Subianto has issued a new decree to restart international carbon emissions trading after a four-year hiatus.
Southeast Asia - Thu, October 16, 2025 | 9:23 pm GMT+7
Investors seek 2-year delay for $2.56 bln LNG power project in northern Vietnam, citing equipment hurdles
Investors of a $2.56 billion LNG-fired power plant in Hung Yen province have proposed delaying the project’s commercial operation schedule by two years due to difficulties securing key equipment.
Energy - Thu, October 16, 2025 | 9:04 pm GMT+7
Vietnam to soon raise taxpayers' personal deduction: official
The personal income tax deduction in Vietnam is "very likely" to increase to VND21.7 million ($823,940) per month, including VND15.5 million (588,530) for the taxpayer and VND6.2 million ($235,410) for each dependent.
Finance - Thu, October 16, 2025 | 6:25 pm GMT+7
Business confidence climbs as reforms gain traction amid global headwinds: EuroCham Vietnam
The index climbed to 66.5, surpassing pre-tariffs level and reaching its highest in three years – showcasing resilience and adaptability amid global headwinds and evolving U.S. tariff pressures.
Economy - Thu, October 16, 2025 | 4:36 pm GMT+7
Vietnam's stock market watchdog suspends two Grant Thornton auditors
Vietnam's State Securities Commission (SSC) has suspended two auditors from Grant Thornton Vietnam after determining that the 2024 audited financial statements of Saigon Water Infrastructure Corporation (HoSE: SII) failed to meet required standards.
Finance - Thu, October 16, 2025 | 3:35 pm GMT+7
Law No. 56 a major policy breakthrough for Vietnam's stock market development
The Law No. 56, effective January 1, 2025, is one of the major legal breakthroughs in recent years that will enhance the transparency and operational efficiency of the Vietnamese stock market.
Finance - Thu, October 16, 2025 | 2:30 pm GMT+7
WHA Group breaks ground on smart technology industrial zone in central Vietnam
Thailand's WHA Group on Tuesday broke ground on a world-class, modern, and environmentally friendly industrial zone in central Vietnam, namely the WHA Smart Technology Industrial Zone-Thanh Hoa.
Real Estate - Thu, October 16, 2025 | 2:00 pm GMT+7
Vietnam a key partner in Murphy Oil’s global strategy: exec
Vietnam remains a key partner in Murphy Oil’s global business strategy, said Eric Hambly, the U.S. corporation's president and CEO.
Companies - Thu, October 16, 2025 | 12:06 pm GMT+7
VNPT, Qualcomm debut Vietnam’s 1st original design-based excellence center
State-owned Vietnam Posts and Telecommunications Group (VNPT) and Qualcomm have officially launched the VNPT-Qualcomm Excellence Center (VQEC), the first facility in the country to operate under an original design co-development model using Qualcomm’s core technologies.
Companies - Thu, October 16, 2025 | 8:41 am GMT+7




















